https://www.taxtmi.com/news?id=16732 The Reserve Bank of India publishes a daily Reference Rate for the US Dollar that functions as the benchmark for deriving rupee exchange rates for other currencies. The RBI uses the US Dollar reference rate together with middle rates of cross-currency quotes to compute and publish the rupee rates for the euro, pound sterling and Japanese yen, and specifies that the SDR-rupee rate will be based on the published reference rate. en-us Wed, 19 Oct 2016 13:22:30 +0530 Wed, 19 Oct 2016 13:22:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16732 The Reserve Bank of India publishes a daily Reference Rate for the US Dollar that functions as the benchmark for deriving rupee exchange rates for other currencies. The RBI uses the US Dollar reference rate together with middle rates of cross-currency quotes to compute and publish the rupee rates for the euro, pound sterling and Japanese yen, and specifies that the SDR-rupee rate will be based on the published reference rate. News - Wed, 19 Oct 2016 13:22:30 +0530 https://www.taxtmi.com/news?id=16732